Urban-gro Inc (NASDAQ: UGRO) closed the day trading at $1.37 down -24.52% from the previous closing price of $1.82. In other words, the price has decreased by -$0.4450 from its previous closing price. On the day, 565529 shares were traded.
Ratios:
For a better understanding of UGRO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 0.97. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.07.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Maxim Group on March 21, 2022, initiated with a Buy rating and assigned the stock a target price of $20.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 30 ’23 when WILKS LEWIS bought 10,000 shares for $1.03 per share. The transaction valued at 10,300 led to the insider holds 126,306 shares of the business.
WILKS LEWIS bought 10,000 shares of UGRO for $13,969 on Jun 12 ’23. The Director now owns 116,306 shares after completing the transaction at $1.40 per share. On Jun 09 ’23, another insider, Nattrass Bradley John, who serves as the Chief Executive Officer of the company, bought 28,416 shares for $1.25 each. As a result, the insider paid 35,449 and bolstered with 1,900,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UGRO now has a Market Capitalization of 15.81M and an Enterprise Value of 15.27M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 0.21 whereas that against EBITDA is -0.92.
Stock Price History:
Over the past 52 weeks, UGRO has reached a high of $2.98, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is 2.0289, while the 200-Day Moving Average is calculated to be 1.4765.
Shares Statistics:
Over the past 3-months, UGRO traded about 109.31K shares per day on average, while over the past 10 days, UGRO traded about 209.53k shares per day. A total of 12.07M shares are outstanding, with a floating share count of 7.73M. Insiders hold about 33.73% of the company’s shares, while institutions hold 21.99% stake in the company. Shares short for UGRO as of Mar 15, 2024 were 158.48k with a Short Ratio of 1.45, compared to 185.43k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.36% and a Short% of Float of 1.72%.
Earnings Estimates
Current recommendations for the stock of the company come from 3 analysts. On average, analysts expect EPS of -$0.4 for the current quarter, with a high estimate of -$0.4 and a low estimate of -$0.4, while EPS last year was -$0.39. The consensus estimate for the next quarter is -$0.17, with high estimates of -$0.12 and low estimates of -$0.22.
Analysts are recommending an EPS of between -$1.66 and -$1.67 for the fiscal current year, implying an average EPS of -$1.66. EPS for the following year is -$0.43, with 3 analysts recommending between -$0.29 and -$0.58.
Revenue Estimates
3 analysts predict $28.94M in revenue for the current quarter. It ranges from a high estimate of $29.98M to a low estimate of $27.13M. As of the current estimate, Urban-gro Inc’s year-ago sales were $17.33M, an estimated increase of 67.00% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $15.13M, a decrease of -9.80% less than the figure of $67.00% in the same quarter last year. There is a high estimate of $15.2M for the next quarter, whereas the lowest estimate is $15M.
A total of 3 analysts have provided revenue estimates for UGRO’s current fiscal year. The highest revenue estimate was $86.52M, while the lowest revenue estimate was $83.67M, resulting in an average revenue estimate of $85.47M. In the same quarter a year ago, actual revenue was $67.03M, up 27.50% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $81.6M in the next fiscal year. The high estimate is $86.51M and the low estimate is $76.8M. The average revenue growth estimate for next year is down -4.50% from the average revenue estimate for this year.
